Lmbc Projects Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 12047100 (England and Wales)

LMBC PROJECTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L Friend

Mrs M Friend

REGISTERED OFFICE:

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

REGISTERED NUMBER:

12047100 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

7,602

8,982

7,602

8,982

CURRENT ASSETS

Debtors

6

107,979

54,352

Cash at bank

24,592

10,465

132,571

64,817

CREDITORS

Amounts falling due within one year

7

(103,558

)

(32,808

)

NET CURRENT ASSETS

29,013

32,009

TOTAL ASSETS LESS CURRENT
LIABILITIES

36,615

40,991

CREDITORS

Amounts falling due after more than one
year

8

(19,667

)

(23,667

)

NET ASSETS

16,948

17,324

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

16,848

17,224

16,948

17,324

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 May 2026 and were signed on its behalf by:

L Friend - Director

1.	STATUTORY INFORMATION

Lmbc Projects Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

15% on reducing balance

Equipment

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 December 2024

and 30 November 2025

32,955

AMORTISATION

At 1 December 2024

and 30 November 2025

32,955

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	TANGIBLE FIXED ASSETS

Motor

vehicles

Equipment

Totals

£

COST

At 1 December 2024

and 30 November 2025

14,500

1,750

16,250

DEPRECIATION

At 1 December 2024

6,155

1,113

7,268

Charge for year

1,252

128

1,380

At 30 November 2025

7,407

1,241

8,648

NET BOOK VALUE

At 30 November 2025

7,093

509

7,602

At 30 November 2024

8,345

637

8,982

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

81,762

46,092

Sundry debtors

3,773

8,260

BPS Management (Kent) Ltd

12,444

-

Bailum Ltd

10,000

-

107,979

54,352

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

4,000

Trade creditors

62,083

12,413

Corporation Tax

8,525

9,259

VAT

11,479

2,734

Baypoint Sports CIC

1,473

BPS Management (Kent) Ltd

-

1,152

BPS Kent Ltd

14,208

-

Directors' current accounts

483

620

Accrued expenses and deferred income

1,307

1,157

103,558

32,808

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans - 1-2 years

4,000

Bank loans - 2-5 years

15,667

19,667

23,667